Latest ABS news
Former SoFi CEO Mike Cagney’s new online startup, Figure, which is looking to provide financing for home improvement loans and home equity lines of credit (HELOC), is looking to bring on at least 11 people, including a chief compliance officer.
The New York State Energy Research and Development Authority (NYSERDA) issued a debut residential solar ABS last week to finance its Green Jobs–Green New York (GJGNY) programme, three months after the municipal green bond scheme it previously used for financing was scrapped.
After a long absence, Lloyds Bank returned to the dollar market last week to price its Penarth credit card securitization. The transaction will have helped smooth the transition to market based funding in the absence of the Bank of England’s term funding scheme (TFS) and is likely to be followed by the other major UK banks.
MUFG announced on Friday that it has hired Scott Rodman as managing director and head of structured solutions for the Americas.
UK based structured finance firm Prytania Asset Management is looking to open a new office in New York in April, to support growing appetite for offshore US and European structured product offerings.
Buy Way Personal Finance enjoyed solid demand for a tightly priced inaugural full capital stack credit card deal. Also the first cards deal from Belgium and Luxembourg, it was priced inside EDML 2018-1, a recent Dutch RMBS collateralised on secured loans.
The International Finance Corp and Crédit Agricole CIB have engaged in their second synthetic risk transfer (SRT) transaction. It continues the work both institutions have been doing to interweave such deals with socially responsible purposes.
A rare wireless spectrum deal from Sprint is already seeing secondary market action after being priced on Wednesday.
Citi has recombined its European structured finance syndicate operation under Laura Coady, who becomes head of EMEA structured finance syndicate as well as keeping her existing role as head of Citi’s European primary CLO business. Garo Torossian, formerly head of EMEA residential mortgage distribution, joins Coady on the newly formed desk.
A Washington supranational has added a capital markets veteran to its funding team.
Go to GlobalCapital's Securitization data pages for our dealflow database, plus details of priced European and US CLOs and structured finance bookrunner league tables.
Latest securitization people & markets news
- Cagney’s HELOC shop makes hiring push
- MUFG hires new structured products head
- NPL action package has teeth — but not yet
- Citi combines structured finance syndicate
- Supra adds to funding team
Promoted By CGIF
Want full access to GlobalCapital?
If you are new to GlobalCapital or you already subscribe to some of our channels you can still easily extend your access.
Take a trial to the entire site or subscribe online to see all our capital markets news, opinion and data sets.
Don't miss out!Free trial
Read the magazine on your mobile device
Latest news by market and league table performance
|Rank||Lead Manager/Arranger||Total Volume $m||No. of Deals||Share % by Volume|
|1||Bank of America Merrill Lynch (BAML)||7,026||25||11.95|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|2||Bank of America Merrill Lynch||21,899.30||57||11.74%|
|3||Wells Fargo Securities||16,244.58||49||8.71%|